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Dividend

Why we paid N123bn interim dividend to FAAC – NNPCL

2023-07-22
By: Gambo Jagindi
On: July 22, 2023
In: Economy & Business

By Aluta News July 22, 2023 The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the Federation Account Allocation Committee (FAAC) for the month of June. The News Agency of Nigeria (NAN) reports that FAAC had on ThursdayContinue Reading

SEC to sanction stakeholders over unclaimed dividends

2022-08-19
By: Gambo Jagindi
On: August 19, 2022
In: Economy & Business

By Aluta News Aug 19, 2022 The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the volume of unclaimed dividends. Mr Lamido Yuguda, the Director-General of SEC, said this at a post Capital Market Committee (CMC) news conference on FridayContinue Reading

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